Find Your Best
American Express® Business Gold Card
vs.
The Business Platinum Card® from American Express
vs
DC
BH
Updated: March 19, 2024
Advertising & Editorial Disclosure
MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.
American Express business credit cards allow cardholders to maximize their rewards and take advantage of various benefits and perks. Among the company’s business card lineup are the American Express® Business Gold Card and The Business Platinum Card® from American Express.
MoneyGeek compared the two credit cards on several factors — including rewards programs, annual fees, welcome offers and more — to help you choose which is more suitable for your needs. For instance, the American Express® Business Gold Card’s annual fee is $295, $400 cheaper than The Business Platinum Card® from American Express.
Comparison Overview: American Express® Business Gold Card vs. The Business Platinum Card® from American Express
- American Express® Business Gold CardThe Business Platinum Card® from American Express
- Has Annual Fee
- Has Balance Transfer Offer
- Has APR Offer
- Cash Back Rewards
- Travel Rewards
American Express® Business Gold Card At a Glance
The American Express® Business Gold Card is a solid option for high-spending business owners who want great returns on their investment. It has a welcome offer of 70,000 Membership Rewards points after you spend $10,000 on eligible purchases in the first three months of account opening. Additionally, the points you earn can be transferred to Amex’s various hotel and airline partners.
- American Express® Business Gold Card
A dynamic rewards card for high-spending business owners
- 1–4 Points per $1Rewards Rate
- 19.49% – 28.49% VariableAPR
- $375Annual Fee
- Good–ExcellentRecommended Credit
The Business Platinum Card® from American Express At a Glance
You can get plenty of value from the The Business Platinum Card® from American Express if you’re a high-spending business owner who’s also a frequent flyer. The card provides various luxury travel and lifestyle benefits that justify the high annual fee of $695. It also has no foreign transaction fees, making it ideal for international travel.
- The Business Platinum Card® from American Express
Top-tier business card with premium travel benefits
- 1–5 Points per $1*Rewards Rate
- 19.49% – 28.49% VariableAPR
- $695Annual Fee
- Good–ExcellentRecommended Credit
Comparison Summary
MoneyGeek analyzed the differences between the American Express® Business Gold Card and The Business Platinum Card® from American Express to help you determine the best business credit card for you.
Card Detail | Comparison Summary |
|---|---|
Travel Coverage | Both cards offer baggage insurance, trip delay insurance and rental car loss and damage insurance. However, the Business Platinum Card® from American Express also has trip cancellation and interruption insurance (subject to terms and conditions). Winner: Business Platinum Card® from American Express |
Welcome Bonus | American Express® Business Gold Cardholders can earn 70,000 Membership Rewards points after spending $10,000 on eligible purchases within the first three months of card membership. On the other hand, the Business Platinum Card® from American Express offers 120,000 Membership Rewards points after cardholders spend $15,000 in the first three months. Winner: Business Platinum Card® from American Express |
Rewards | The American Express® Business Gold Card lets you earn 4X points on the two business categories where you spend the most. Categories include airfare purchases directly from airlines and all purchases at U.S. restaurants, gas stations, advertising in select media and select technology providers. Meanwhile, the Business Platinum Card® from American Express allows you to earn 5X points on flights and prepaid hotels booked through Amex Travel, as well as 1.5X points on business categories and business purchases of $5,000 or more. Winner: Business Platinum Card® from American Express |
Annual Fee | The annual fee for the American Express® Business Gold Card is $295 per year. The Business Platinum Card® from American Express annual fee is $695. Winner: American Express® Business Gold Card |
Card Benefits | Aside from its generous rewards program, Amex also offers other benefits to its cardholders. The American Express Business Gold gives you a 25% airline bonus after booking your flight with American Express Travel using its Pay with Points program. On the other hand, the Business Platinum Card® from American Express gives you access to Amex’s Global Lounge Collection. It also offers a 35% airline bonus and an airline fee credit to receive up to $200 per calendar year for baggage fees and other incidentals charged by the airline. Winner: Business Platinum Card® from American Express |
Which Card Should You Get?
Before choosing between the American Express® Business Gold Card and The Business Platinum Card® from American Express, you should first consider your business needs and spending habits. This information will help determine which card is best for you.
Who Should Consider the American Express® Business Gold Card?
The American Express® Business Gold Card would most benefit business owners who want to maximize their rewards on purchases and enjoy flexibility in redeeming them.
Business owners who use online, TV and radio advertising or make purchases from gas stations, restaurants and select technology providers can earn 4X points on their first $150,000 spent in combined purchases from any two business categories each calendar year.
International travelers can use the American Express® Business Gold Card to pay for purchases made abroad since the card has no foreign transaction fees.
≫ More: Read Our Full Review
Who Should Consider the The Business Platinum Card® from American Express?
Since The Business Platinum Card® from American Express is one of the most expensive business credit cards on the market, it’s best suited for business owners who incur high expenses and frequently travel.
Business owners who spend over $5,000 every month can easily earn the card’s welcome offer of 120,000 Membership Rewards points within the first three months.
Frequent flyers who want access to airport lounges and hotel upgrades will enjoy the perks of this card.
≫ More: Read Our Full Review
EXPERT OPINION
Both of these cards earn outstanding value, and while each of these have significant annual fees, both of them can be justified by taking advantage of each one’s benefits. However, if you’re looking for luxury travel and benefits for high spending, the Amex Platinum is the card to choose.
But regardless of which card you choose, be sure your business can afford the annual fee of either card.
Other Helpful Decision-Making FAQs
Choosing the best business credit card can be challenging. MoneyGeek answered some frequently asked questions to help you further understand the differences between the American Express® Business Gold Card and The Business Platinum Card® from American Express.
If you want to earn rewards for your business purchases using a card with a cheaper annual fee, then the American Express® Business Gold Card is for you. But if you’re a high-spending business owner who travels often, the American Express Business Platinum is the better option.
Since Amex allows customers to have up to five American Express credit cards, you can get the American Express® Business Gold Card even if you already have the Business Platinum Card® from American Express and vice versa.
The points you earn on either card are Membership Rewards. As you earn these points, they will all be deposited in the same place.
Yes, you can switch to The Business Platinum Card® from American Express if you feel the need to upgrade. However, American Express will review your eligibility based on your account history before approving your application.
You need a good to excellent credit score for your application to be approved.
For the American Express® Business Gold Card, you have to spend $10,000 on eligible purchases within the first three months of card membership to earn 70,000 Membership Rewards points. For the Business Platinum Card® from American Express, you have to spend $15,000 in the first three months to receive 120,000 Membership Rewards points.
Still Not Sure About These Cards? Consider These Options
The American Express® Business Gold Card and the Business Platinum Card® from American Express are attractive options for high-spending small business owners. However, if you want more opportunities to earn rewards, consider a rewards credit card instead.
Learn more about credit cards in general
Explore Topics
About Doug Milnes, CFA
sources
- American Express. "American Express® Business Gold Card." Accessed January 6, 2022.
- American Express. "Business Platinum Card® from American Express." Accessed January 6, 2022.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.